ADP's Private Employment Report: Useful for Investors?

Filed under: Forecasts, Economic Data

Automatic Data Processing's (ADP) September private sector employment report - which came in at a worse-than-expected loss of 39,000 jobs -- is not a data point that investors should ignore. That said, investors need to retain a proper perspective regarding the metric.



Institutional investors, public policy makers, and economists monitor the ADP report primarily because it's the last, monthly, national job tally before the U.S. Department of Labor's monthly, non-farm, payroll report -- the nation's best and most comprehensive survey of labor market conditions, called the Employment Situation.

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ADP's Private Employment Report: Useful for Investors? originally appeared on BloggingStocks on Wed, 06 Oct 2010 18:00:00 EST. Please see our terms for use of feeds.

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